[2026-03-15] The latest IT, economic, blockchain and coin news
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2026-03-15 | Curator: CryptoTerminal
Tom Lee's BitMine Buys $10.2 Million in ETH Directly From Ethereum Foundation
The Ethereum Foundation has made another ETH sale directly to a publicly traded treasury company, announcing Saturday that it sold some of its own treasury to Tom Lee's BitMine Immersion Technologies. According to an X post, the Foundation sold 5,000 ETH to BitMine at an average price of $2,042.96 per coin, or just over $10.2 million worth of the second-largest cryptocurrency. "This sale funds the [Ethereum Foundation's] core operations & activities, including protocol R&D, ecosystem developmen...
